For many businesses, sustainability is a priority. With Streamlined Energy and Carbon Reporting (SECR), your company can measure and share your energy use and carbon emissions. Our expert team at Consultiv Utilities will make SECR compliance straightforward, to ensure you meet regulatory requirements, all while improving the energy efficiency of your business.
With our SECR services, you’ll be guided through the entire process, so you won’t have to feel overwhelmed. We will ensure your reports are accurate, compliant and aligned with your business goals, and take the weight off your shoulders when it comes to SECR reporting.
What is SECR?
SECR was brought in by the Department for Business, Energy and Industrial Strategy in 2019 to encourage large organisations to implement energy efficiency measures and adopt a net-zero strategy. You qualify as a large organisation if you have at least two of the following within a financial year:
- 250 employees.
- Annual turnover of at least £36m.
- Annual balance sheet of at least £18m.
Streamlined Energy and Carbon Reporting was introduced as a way to encourage businesses to be energy efficient and reduce their carbon emissions.
Consultiv Utilities SECR Services
We help businesses to ensure they meet the UK SECR compliance requirements. Our services include:
- An audit of your business’s current energy efficiency: We conduct a detailed review of your organisation’s energy consumption, data capture processes and reporting structures. This establishes a clear and accurate baseline in line with SECR requirements and the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2018.
- SECR Compliance reporting: We prepare compliant disclosures for inclusion within your annual report. This includes energy use, associated greenhouse gas emissions, intensity ratios and narrative commentary, in accordance with UK Government guidance issued by the Department for Energy Security and Net Zero.
- Energy reporting and efficiency and action plan: We develop a practical action plan to improve energy efficiency and reduce emissions across your operations. Recommendations are aligned with recognised frameworks such as the Greenhouse Gas Protocol and wider best practice in corporate sustainability reporting.
- Carbon footprint measurement and methodology support: We support the calculation of Scope 1 and Scope 2 emissions, and, where relevant Scope 3 emissions, using recognised carbon accounting methodologies. We also help embed internal processes and employee policies to strengthen ongoing carbon governance and reporting accuracy.
Why Choose Consultiv Utilities For SECR Compliance?
Although there can be financial penalties for businesses that fail to comply with the regulation, we prefer to help organisations see SECR as an opportunity to improve their environmental credentials and reduce carbon emissions in the process.
SECR provides frequent and accurate carbon reporting. This streamlines multiple financial and carbon reports, making it easier to mitigate emissions and achieve lower carbon levels from businesses. With our help, we remove the stress from these processes using our expert understanding of SECR compliance. We tailor our approach to your business to ensure that it not only meets compliance obligations, but that you can see opportunities to enhance your energy efficiency and reduce your emissions.
Any large business complying with SECR must report its energy use and greenhouse gas emissions, or else face the risk of fines and civil penalties.
Not sure if you need to comply or want to know how we can help your business?
FAQs
Are SECR reports publicly available?
Yes, Streamlined Energy and Carbon Reporting (SECR) reports are publicly available as they must be included in a company’s annual directors’ report, which is filed with Companies House. This ensures transparency and allows stakeholders, including investors and the public, to access information on the company’s energy use, greenhouse gas emissions, and energy efficiency actions.
What is the difference between ESOS and SECR?
ESOS is a mandatory UK scheme requiring large organisations to conduct energy audits every four years to identify energy-saving opportunities, focusing on regulatory compliance without public disclosure. In contrast, SECR (Streamlined Energy and Carbon Reporting) requires qualifying organisations to annually report their energy use, carbon emissions, and energy efficiency measures in their directors’ report, which is publicly accessible. ESOS focuses on periodic audits, while SECR emphasizes ongoing transparency and public accountability.
Who is exempt from SECR?
Organisations exempt from SECR include those classified as “low energy users,” defined as using 40,000 kWh or less of energy during the reporting period. Additionally, certain small and medium-sized enterprises (SMEs), defined as having fewer than 250 employees, an annual turnover not exceeding £36 million, and/or an annual balance sheet total not exceeding £18 million, are also exempt. Non-profit organisations that do not fall under the Companies Act 2006 or are not required to produce a directors’ report are typically exempt as well.
Watch our latest webinar to find out.
